How Audivita Studios grew to $75.4k/month

In your own words, what does your company do?

Audivita Studios is a podcast and audiobook production company. 

๐Ÿ“ˆ Monthly revenue: $75,400

๐Ÿ“ˆ ~% Churn: N/A

๐Ÿ“ˆ ~% Net profit: 1-2% of revenues

๐Ÿ“ˆ Funding:  Debt financing, SBA Term Loan

๐Ÿ“ˆ Initial cost/investment to start the company: N/A

๐Ÿ“ˆ Number of team members: 12 approximately 

๐Ÿ“ˆ Number of founders: 2

๐Ÿ“ˆ Started 2017, January

How does the company make money?

๐Ÿ’ฐ Production fees, podcast advertising

๐Ÿ’ฐ Podcasts $3,000 start-up plus $350-$,1000 per episode

๐Ÿ’ฐ Audiobooks. From $.09 to $.10 per word

๐Ÿ’ฐ Distribution Set up – Audiobooks: $350 flat fee

๐Ÿ’ฐ Studio Rates from $75 per hour

๐Ÿ’ฐ Video & Social Media Services – variable

3 strategies that have worked to attract and retain customers?

โœ… Word of Mouth and Referrals

โœ… White Label Relationships

โœ… LinkedIn Targeted Messaging & Association Memberships

3 things that youโ€™ve learned about hiring and retaining great talent? 

โœ… Provide autonomy in their area.

โœ… Operate with clear communication and transparency on all fronts.

โœ… Cultivate a respectful, loving culture, and remember that your team members are total people, not just workers in your Company.


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